The theory of the market for corporate control cannot be true because it assumes that every individual

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"The theory of the market for corporate control cannot be true because it assumes that every individual shareholder is paying careful attention to the performance of management." Agree or disagree.

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Economics of Strategy

ISBN: 978-1118319185

6th edition

Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer

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Question Posted: Sep 13, 2017 12:51 AM

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The theory of the market for corporate control cannot be true because it assumes that every individual

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Agree The market for corporate control depends on shareholders monitoring management and ...View the full answer

Economics of Strategy

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